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Author Topic: what will you do if your country bans bitcoins?  (Read 4505 times)
lenj
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November 09, 2017, 12:43:05 PM
 #241

Actually i wish it will not happen in my country. Really sad if its happen.
But if its happen, i have to prepare myself first. Actually i will still use bitcoin, i still can do trading in other exchange outside country and when i withdraw my fund, i can exchange to fiat money.

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November 09, 2017, 01:01:07 PM
 #242

I dont think that will happen because bitcoin doesnt have major bad effects on people and economy, but if that so, im sure there are going to be panic selling. On my country, bitcoin can only be used if you exchange it to fiat.

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November 09, 2017, 01:09:43 PM
 #243

I guess the titles says it all. What will you do if that happens?
If this happens in our country then we will use international exchanges to invest in bitcoins.As Bitcoin is legal in some countries so this is enough for anyone 
to invest in Bitcoin.
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November 09, 2017, 01:39:43 PM
 #244

I guess the titles says it all. What will you do if that happens?
you know nothing about crypto world.this cant be banned,unless the country itself dont use internet or banned the internet in his country.by then that question can be an issue..but for now thats nonsense coz lofe in bitcoin will continue.without hesitation and fear.

Something complicated if it happens in every country will stop bitcoin because they are just stopping internet all over the world.

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November 09, 2017, 02:05:01 PM
 #245

I guess the titles says it all. What will you do if that happens?
If that happens, I will still continue what i have started. There are many ways to cash out all my money from bitcoin.  I will not stop earning bitcoin. Besides thats far to happen and even if thats happen government cannot stop people on earning a money from bitcoin. Bitcoin is decentralize they cannot stop it.

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November 09, 2017, 03:38:44 PM
 #246

If my country bans bitcoin I will still work normally, I will not give up bitcoin. But I do not think my country will ban the bitcoin because my country is now applying bitcoin to the means of payment

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November 10, 2017, 12:56:51 PM
 #247

What I will do first is that I will stop promoting it to my friends and family. I will plan to leave and that is what I will eventually do. Since I have now discovered how Bitcoin is fantastic, I could not stay where I am and forget about it. I would probably head to a nicer place, such as United Arab Emirates, which is a great mix of quality of life and financial freedom.
You are right the china will not accept the bitcoin but for the time you will see how fast the bitcoin will grow and you will increase the bitcoin so the china will buy the bitcoin for sure this will help the people.
I want to make the bitcoin very common and I want to make the money with the bitcoin bi hope I will be able to increase the income of the bitcoin at the same time and I will buy the things I want to buy at the same price.

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November 10, 2017, 01:01:32 PM
 #248

I guess the titles says it all. What will you do if that happens?
I think the first that I would do is to hold it and wait the time where bitcoin will be legal. If they banned it I think I will transfer to another country where bitcoin is legal and I think I will never sell my bitcoin if its happen. Lastly, I hope it would not happen because it cause of losing money and income.

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November 10, 2017, 01:06:10 PM
 #249

Moving countries, naturally. I'm already looking into crypto friendly countries for retirement.  Grin



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November 10, 2017, 01:13:48 PM
 #250

i just do working for bitcoin. bitcoin is only ban in my country so i can go to other country that bitcoin is not ban so totally bitcoin is not banned because i can use it.  Bitcoin is not easily to ban it into my country because it is not too much popular in my country and it has a less chance to ban it to my country. I believe that bitcoin is the one  that can do to have a successful country

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November 10, 2017, 01:17:24 PM
 #251

I guess the titles says it all. What will you do if that happens?

 First of all banning bitcoin in our country such as Philippines has a low possibility of doing it. Because as of now that is not a priority concern of our country, we have other more important concerns to deal with. And bitcoin had not done any damage to the Philippines in the matter of fact bitcoin helps many of filipinos and one of which is me.
 But if banning it come to us that would far from now besides thats not yet our priority legislative of Philippines is low the process it self is too slow.
 and if that happens i will just simply follow, because if your watching news many is dying in the Phillipines at this time of era because of not following the law.
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November 10, 2017, 01:21:52 PM
 #252

I guess the titles says it all. What will you do if that happens?

It is risky to use bitcoin when it is banned. But being in risk is destiny of bitcoin. So I will continue to invest with bitcoin if it is banned in my country. Of course we have to be careful while using it.

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November 10, 2017, 01:27:48 PM
 #253

I guess the titles says it all. What will you do if that happens?

keep buying
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November 10, 2017, 01:28:20 PM
 #254

I think my country doesn't know about bitcoin trading, Or they know but they support it, Because I have been trading bitcoin for local currency and I have never paid any tax. Even if I'm not allowed to have bitcoin or trade it for my own currency, I'd trade at exchanges out of the reach of my government, No one has the ability to know how many bitcoins I have, So I'm not worried Cheesy


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November 10, 2017, 01:43:10 PM
 #255

I hope this is not happend in my country, because bitcoin is the best way to work and earn money online for now, but if it ever happened I would stick to bitcoin as long as there is a changer from bitcoin to usd.

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November 10, 2017, 02:04:35 PM
 #256

I guess the titles says it all. What will you do if that happens?
Ofcourse I will hold and still earn bitcoin through whatever I am doing before it got banned in my country. We all know that the government can't fully ban the ise of bitcoin, they can limit it but they can take full control over it because it is made that way. There is no third party entity that could interfere in our transaction in bitcoin.
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November 10, 2017, 05:09:37 PM
 #257

If my country bans bitcoin I will still work normally, I will not give up bitcoin. But I do not think my country will ban the bitcoin because my country is now applying bitcoin to the means of payment


Bitcoin's prohibition would be terrible, but if a lot of countries will return to normal life ban if as you say. The countries that make the investment will not return to normal life easily.



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November 10, 2017, 05:30:53 PM
 #258

See, country can not ban Bitcoins directly. Government can prohibit activities such as BTC/FIAT conversion or dis-allow the payments made using Bitcoin but there is no direct way through which a government can ban Bitcoin. If it is prohibiting us to convert it in fiat then I will be still happy to use it for payments where the merchant is willing to accept it through ethical mode. I would not break any law made in this regard.

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November 10, 2017, 05:59:51 PM
 #259

This is wrong maybe, cause we know how people earn bitcoin. We are earn bitcoin from intermet, whatever the country banned the bitcoin or not, we can earn bitcoin for anytime. No one problem that we can afraid about this

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November 10, 2017, 06:14:08 PM
 #260

I guess the titles says it all. What will you do if that happens?
I think it's not as if it's about to happen. And I'm confused, I do not know how to do it in the future. I used to think of doing a sneaky transaction but it was not easy and safe. The only thing I can think of now is hoping that it will not happen or release later.


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[/center
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